Tag Archives: executive compensation

Executives Cash in as Companies March Toward Bankruptcy 

Neiman Marcus is the latest company to raise eyebrows with a generous performance- and retention-based compensation plan for a group of executives at a time when the company itself is fighting for survival.    In July, investors, furloughed employees and bankruptcy trustee Henry Hobbs howled at the prospect of a $10 million compensation package for the high-end retailer’s CEO and a … Continue reading

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Harassment Skeletons in McDonald’s Closet Hasten CEO Steve Easterbrook Downfall 

Even by today’s standards of board oversight in the #MeToo era, the speed of McDonald’s CEO Steve Easterbrook’s fall was breathtaking. In just four short years at the helm, Easterbrook was credited with nearly doubling the company’s share price and … Continue reading

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Backlash Builds for Noncompetes

For a generation of workers, noncompete agreements have steadily crept into more and more facets of the working world to the point that even low- and middle-wage earners are increasingly being asked to sign the agreements as a condition of … Continue reading

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C-Suite Lessons from Ghosn’s Nissan Ouster

For Carlos Ghosn – one of the highest-flying chief executives in the world (literally) – home has been a 50-square-foot cell since Japanese authorities announced a series of vague allegations against him for underreporting his compensation and misusing company property. … Continue reading

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#MeToo Zeitgeist Sends Quakes Through C-Suites

CEOs from three big U.S. chipmakers made unexpected career exits for improper behavior in the last two months alone, some on the job barely long enough to get their new business cards. Most recently and perhaps most surprising, Texas Instruments’ … Continue reading

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As Date Nears for Google v. Uber Trade Secret Trial, Uber Insiders Describe Culture of Espionage and Secrecy

In the year since Google’s autonomous vehicle subsidiary Waymo first leveled allegations that Uber had poached star engineer Anthony Levandowski knowing that he was bringing a raft of stolen trade secrets with him, the contentious litigation has consistently revealed new … Continue reading

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Two-Plane Habit: GE Exec’s Travel Latest Example of Wasteful Corporate Culture

GE shareholders and much of the business world were surprised to learn about the wasteful business travel practices of recently retired CEO Jeff Immelt. The WSJ reported recently that for much of his tenure at GE, Immelt traveled in a … Continue reading

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On the Court or in the C-Suite, Leaders Embrace Win-at-All-Cost Drive at Their Own Peril

The NCAA basketball kickback scandal is just getting started and it’s already bagged a big one – Louisville’s Rick Pitino, who was forced to resign after details of the wide-ranging probe were unveiled. Expect many more heads to roll as … Continue reading

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Study Finds Public Losing Patience When CEOs Act Out

Add Hollywood mogul Harvey Weinstein, Amazon’s entertainment chief Roy Price and KB Home’s Jeffrey Mezger to the growing list of executives making headlines for the wrong reasons. One of the most powerful producers in Hollywood, Weinstein was forced out after … Continue reading

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Uber Leadership Vacuum Exposes Strings Attached to Startup Financing

The executive leadership vacuum at Uber and a series of PR missteps and management blunders is exposing the contentious push-pull dynamic between private equity and venture capital investors and startups that usually plays out behind the scenes and rarely makes … Continue reading

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